Qrometric Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08390588 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

QROMETRIC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E M Hawes

R S Farley

B J Ramsey

REGISTERED OFFICE:

1st Floor Redington Court

69 Church Road

Hove

East Sussex

BN3 2BB

REGISTERED NUMBER:

08390588 (England and Wales)

ACCOUNTANTS:

Simon Winnard & Company

Redington Court

69 Church Road

Hove

East Sussex

BN3 2BB

CURRENT ASSETS

Debtors

6,297

90

Cash at bank

5,401

1,762

11,698

1,852

CREDITORS

Amounts falling due within one year

41,002

12,826

NET CURRENT LIABILITIES

(29,304

)

(10,974

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,304

)

(10,974

)

CAPITAL AND RESERVES

Called up share capital

2

90

90

Profit and loss account

(29,394

)

(11,064

)

SHAREHOLDERS' FUNDS

(29,304

)

(10,974

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 November 2015 and were signed on its behalf by:

E M Hawes - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date, the company's liabilities exceeded it's assets by £29,304. Included within creditors are

loans to the company from Eagle-I Limited, VCT Limited and RF Systems Limited of £13,800, £10,400 and

£10,400 respectively. Mr EM Hawes owns a controlling interest in Eagle-I Limited and Mr BJ Ramsey owns an

equal shareholding in VCT Limited and both are directors of the respective companies. They have each

confirmed that these companies will not seek repayment of the loans made to Qrometric Limited in the near

future, and thus it is the opinion of the directors that these accounts should be compared on a going concern

basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

90

Ordinary

£1

90

90